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Question 8 of 25 < > View Policies -/1 Current Attempt in Progress A business pays weekly salaries of $30300 on Friday for a

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Question 8 of 25 < > View Policies -/1 Current Attempt in Progress A business pays weekly salaries of $30300 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on a Wednesday is O debit Salaries and Wages Expense, $18180; credit Salaries and Wages Payable, $18180. O debit Salaries and Wages Payable, $18180; credit Cash, $18180. O debit Salaries and Wages Expense, $18180; credit Cash, $18180. O debit Salaries and Wages Expense, $12120; credit Salaries and Wages Payable, $12120.

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